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Buyer’s Market Returns–For The Winter

The winter market has returned, and pretty much right on time (for a normal market). In recent years the winter slowdown has been mostly mitigated by the overall high demand/low...

Minneapolis Ranked Most Affordable For Buyers

While the median sale price of homes in the Twin Cities continue to rise, our strong employment environment and average wages make the Twin Cities the most affordable home buyers...

Housing at 5 Year High–More to Come in 2014

2013 was a big year in the housing industry. After years of low listing activity and low buyer demand, buyers continued to enter the market in numbers not seen since the mid 2000s. The...

Twin Cities Home Prices See Record Gains

The April 2013 numbers are out and Twin Cities homes saw a 14.8% price increase over April 2012.   These are some of the strongest gains nationwide, and reflect the extent of our...

Mortgage Rates Start Their Inevitable Increase

The housing recovery has been underway for, according to who you ask, at least a year or two. With the increases in home values and sales to date, and the general improvement of the...

Median Home Prices In Hennepin County Up 25% In October

New data is out showing major median price increases over 2011.  The average increase from October 2011 to October 2012 for the 13 County Metro area is 14.8%, with Hennepin County...

Twin Cities Leading Housing Recovery

New numbers are out showing big month to month price increases across the US.  The Twin Cities market is among the leaders with prices increasing 8.7% from March to June of this year....

Home Prices Up 10% In July

Continuing the trend we’ve been seeing all year, the July numbers are in showing a 10% increase in prices over July 2011.  Super low inventories, record low mortgage rates, and...

Mortgage Rates Lowest In Our Lifetime?

Record low mortgage rates are not only fueling a brisk and competitive buyer’s market, but also a wave of re-finance based remodeling, giving the construction industry a...

Home Sales Up 23%, Prices Climbing

New Data is out showing a huge jump in home prices from May 2011 to May 2012.  With inventory at six-year lows and sales booming, this is no surprise.  The heavy demand and shortage...